15.575 Economics of Information and Technology in Markets and Organizations
Builds upon relevant economic theories and methodologies to analyze the changes in organizations and markets enabled by IT, especially the internet. Typical perspectives examined include industrial organization and competitive behavior, price theory, information economics, intangible asset valuation, consumer behavior, search and choice, auctions and mechanism design, transactions cost economics and incomplete contracts theory, and design of empirical studies. Extensive reading and discussion of research literature aimed at exploring the application of these theories to business issues and challenges raised by the internet and related technologies. Primarily for doctoral students.
This class has no prerequisites.
15.575 will be offered this semester (Fall 2017). It is instructed by E. Brynjolfsson.
This class counts for a total of 12 credits. This is a graduate-level class.
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